Paytm is incorporated in 2000, One97 Communications Ltd is India's leading digital system for shoppers in addition to merchants. As of March thirty-one, 2021, the corporate features a 333 million+ consumer base and 21 million+ registered merchants to whom it offers payment services, monetary services, and commerce and cloud services. In 2009, the corporate launched the primary digital mobile payment platform, "Paytm App" to supply cashless payment services to customers, and currently, it became India's largest payment platform and also the dearest payments complete with a complete worth of US$6.3 billion as per Kantar BrandZ India 2020 Report.
Paytm Products and Services:
The Paytm app permits customers to try to do cashless transactions at stores, indefinite-quantity mobile phones, online cash transfers, pay bills, access digital banking services, purchase tickets, play games online, get insurance, build investments, and more. However, merchants will use the platform for advertising, online payment solutions, giving products to customers, and loyalty solutions.
Paytm was based in August 2010 with an associate initial investment of US$2 million by its founder Vijay Shekhar Sharma in Noida, Delhi NCR. It started as a postpaid mobile and DTH recharge platform and later added knowledge card, prepaid mobile, and landline bill payments in 2013.
In March 2015, Paytm received its vast stake from Chinese e-commerce Company Alibaba group, once emmet monetary Services cluster, associate Alibaba cluster affiliate, took 40% stock in Paytm as a part of a strategic agreement.
In January 2018, Paytm entered into a venture with Alibaba Group-owned gambling company AGTech Holdings to launch Gamepind, a mobile gambling platform. It was the most important ever and biggest IPO in India after coal India. It launched its IPO in Nov 2021, raising ₹18,300 crores.
Paytm's stock fell below Rs 28,000 for the first time today. Those who had applied for its IPO bought it, they had got it to take 150 rupees, and it has reached 54% from there, now if you have bought anything for 150 and at that time you thought that these things were worth a hundred and fifty. Were worth buying in rupees, today it has become a thousand rupees or less.
Current Paytm Share Price & future prediction:
What should be done and what should be bought and it became cheaper, seeing you, it seemed worth buying, so now the knowledge is not ready to say that even now Paytm's share has become worth buying or has been sold at the price of buying. Even today, when there has been a strong decline, the reason for this is a research report of my query, in which its target has been reduced from Rs. 1200 to Rs 900. Rs.900 when an international brokerage is targeting him, then he can go for a little less than that.
It is not necessary that they stay till Rs. 900 and hence a bit of local advice has come. They say that when you will think of buying around Rs 800, why would you think of buying because you already know the business of Paytm, then its business is going on its place.
Paytm Business & Quarterly Result:
There is no earning in that business. Loss of opinion is a different matter. The losses have also increased till the second quarter, the third-quarter results are yet to come in comparison to the previous quarter, the business which took place between October, November, December, the result has not been revealed but some people are feeling that the business is going fast.
Paytm had its own business and the number of borrowers taking loans on the Paytm app is increasing a lot. Paytm has distributed a large number of loans and has also deposited a new business with him. Because of this, it may be possible that in the future, its business may increase in Paytm and earn it, no one ever denied that Paytm can earn.
Should we buy or avoid Paytm Share?
People have doubts about the answer, is it worth buying at the price at which Paytm's shares have been sold. Many people had advised, at that time all the people should stay away from the action, be careful. If you are saying that money should be invested in it, then it is a different matter, otherwise only because of this Paytm is a big name, so run towards it and invest in Paytm.
But people did not accept this advice, this is the reason why Paytm's show was subscribed almost 100% i.e. almost the whole would have remained below 90%, then the same profit would have to be returned to the person who applied for it. But somehow Paytm managed to overcome this issue. He owns and after that, you have to return the money from the shares you took and sell the shares you wanted to sell.
The people who had invested money in it in private equity etc., who had invested money in the beginning, apart from Vijay Shekhar Sharma, the people who had put money in the company got manifold returns from their money. I had said that I am a very knowledgeable and very knowledgeable people, they have invested big money in this company. If they think that this company should be sold at one 100 and 50 rupees and leave, then am I smarter than them that I think that at this price I should buy the stock and I will earn from here.
The ones who already had it and those very big people are intelligent. There are people with money. They are understanding that this is the time to sell, this is the opportunity to sell. Now I would say there is no time. He made use of that opportunity. He said that find buyers of their shares at Rs.100 and 50 and those who applied for shares in this issue also got these shares. If you understand in a way, all of them have got time that time has reached 54%.
Some people sold the next day out of fear, they did very well, if they sold at a loss on the first day, they remained in profit. Now the question is this. What makes Paytm worth buying from here onwards, so far no knowledgeable person is ready to answer hand. He has to say that today those who are saying that 800 will buy on tomorrow, if 800 reaches, then you cannot say, that they start saying that when 600 will buy better, so read, see and whenever you apply in an IPO, and check its fundamentals also. Take a lesson from Paytm share to avoid such things in the future.